Westbrook Partners is still in selling mode, parting ways with not one, but two Ritz-Carlton hotels in major markets. The company is selling the properties on Central Park South in New York City and in Washington, D.C.’s West End, Bloomberg reported. The deals for the properties are complete, but the sale price of both could not immediately be discerned. While the properties feature the same seller, they do not feature the same buyer. Lodging investor Gencom is picking up the 253-key Manhattan building, while Trinity Investments is acquiring the 300-key building in the nation’s capital. Westbrook did not respond to […]
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